EUROPEAN FIXED INCOME UPDATE: bonds remain diverse, but roles reverse
Analysis details (10:34)
Debt continues to flip-flop and consolidate after marked recovery and midweek session squeeze through position rolls from December to March for futures. However, the recent trend of EU outperformance over the US has partially reversed ahead of Friday’s pm macro releases comprising PPI, prelim UoM survey findings as Wholesale Sales, as Bunds and Gilts sit in negative territory within 141.94-13 and 106.23-105.73 bounds, while the T-note holds above par between 114-23+/114-15 parameters.
09 Dec 2022 - 10:34- Fixed IncomeData- Source: Newsquawk
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